Uno Re Risk Investment dApp — Introduction

Uno Re is ecstatic to announce that their Risk Investment dApp is now LIVE on BSC.

Uno Re Staking Pools:

Retail investors within the crypto investment space will now have a chance to stake USDC in Uno Re’s fixed-size risk investment pools — each categorised based on varying levels of risk and reward ratios — and earn APRs of upto 20% in the same stablecoin.

Why Uno Re’s Risk-investment Staking Pools?

• Uno Re stablecoin investment pools mitigate several drawbacks associated with staking programmes that offer rewards either fully or partially in native tokens such as:
• Currency Risk originating from fluctuation in the value of the rewards token.
• Lack of Transparency in how staked funds are used to generate yields, what risks are undertaken in the process, etc.
• Tedious set of tasks to be undertaken to complete a staking transaction such as buying wrapped/native tokens
• Volatile Market fluctuations
• Uno Re’s unique risk-spreading strategy:
• Uno Re multi-strata pools comprise of different types of covers and uncorrelated asset classes, thus promising maximum utilization of invested funds and effectively spreading risk.

How to stake on the dApp?

STEP I:

Access the Uno Re dApp : app.unore.io

STEP II:

Choose the pool you’d want to invest in and click on the ‘Stake now’ button and input the amount of USDC you would like to stake:

STEP III:

Review details and confirm your stake by clicking on “Deposit”:

STEP IV:

After staking, you can find your investment and reward details in the profile section of the website. In the profile section you can:‌

View and track your investments across various Reinsurance Pools

View and track the accrued rewards on your Investments

Withdraw the funds you have staked in various Pools along with the Rewards

About Uno Re

Uno Re will be the world’s first decentralised insurance and reinsurance platform powered by Polkadot, allowing the community to invest and trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor by doing away with the historic pre-requisite of absurdly high capital generally needed to invest into the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.

📰 INFO 

https://medium.com/uno-re/introducing-uno-res-very-first-product-our-risk-investment-dapp-2c487b6ea7